29451 Bluewater, Malibu, CA 90265

Property Description

Irreplaceable. Generational. First time on market in over 25 years. This property presents the TRIFECTA that Malibu buyers spend decades searching for, breathtaking unobstructed PANORAMIC Pacific Ocean views from every room, a gently rolling down FULLY USABLE 29,335 sq ft lot, and STEPS-away, proximity to the beaches of Point Dume where the sound of waves carries across the land. At this price point, this combination is unrivaled. 3 bed / 3 bath in the heart of Point Dume. A home with original character, exposed beamed ceilings, exquisite wood finishes, and old Malibu soul that cannot be replicated Per Malibu coastal development standards, the lot supports approximately 5,500+ sq ft of above-grade living, plus 1,000 sq ft basement and 1,000 sq ft subterranean garage not counted toward TDSF (buyer to verify with City of Malibu and coastal authorities). When panoramic ocean views, flat usable land, and beach proximity come together in Point Dume, Malibu you are in $20M+ territory. This is the exception.